Latest / CRYPTO 101 / Crypto Rundown: Coinbase & Blackrock Start Calling for the Bitcoin Bottom

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Crypto Rundown: Coinbase & Blackrock Start Calling for the Bitcoin Bottom · CRYPTO 101

• 0:08
  [SPEAKER_02]: Welcome back to another edition of the crypto rundown is the bottom and there's signals all over the place both technical and data points from past cycles that people are really starting to dig into and say hey May you have we hit the bottom already?
• 0:23
  [SPEAKER_02]: It's one of those things Brian if you feel like people are saying the bottom isn't in it's impossible for the bottom in
• 0:30
  [SPEAKER_02]: That's where you can start looking around for some statistics to maybe prove otherwise that the bottom could be in some big talking figures have mentioned a bottom in on Bitcoin and upside to come back so we're going to play those clips for you there we've got a bunch of other statistics around deaths that are buying Michael sailor continues to buy Tom Lee's buying
• 0:49
  [SPEAKER_02]: There's just, honestly, there's a lot of bullish tape back to kind of the flip side of the bullish tape, especially at the macro level as well.
• 0:55
  [SPEAKER_02]: So we're going to cover it off for you here on the crypto run down as we do an episode for me from the road from the old school basement where I first started producing the crypto 101 podcast.
• 1:06
  [SPEAKER_02]: So you got to love an old school vibe everyone's well, Brian.
• 1:09
  [SPEAKER_02]: The Dennis Brothers today, me a new, come back to the show as we fight through the mouth pane.
• 1:15
  [SPEAKER_04]: Hey, you said it before we went live, nothing's gonna hold us down.
• 1:19
  [SPEAKER_04]: You know, you can't hold down the Bitcoin rules, baby.
• 1:23
  [SPEAKER_04]: They want to hold us down.
• 1:25
  [SPEAKER_04]: The light might not be on in the background, but I'm sure you kept it plugged in at your spot right now.
• 1:31
  [SPEAKER_02]: Absolutely.
• 1:32
  [SPEAKER_02]: Absolutely.
• 1:33
  [SPEAKER_02]: They tried.
• 1:34
  [SPEAKER_02]: They tried.
• 1:34
  [SPEAKER_02]: They're like, listen, I want to the dentist Brian.
• 1:36
  [SPEAKER_02]: I both read the dentist a little fun way to start the show.
• 1:39
  [SPEAKER_02]: No hip evaluation, hopefully, but they're like, listen, you're tooth.
• 1:42
  [SPEAKER_02]: It's just so impacted.
• 1:43
  [SPEAKER_02]: Your wisdom teeth.
• 1:44
  [SPEAKER_02]: It's curved.
• 1:44
  [SPEAKER_02]: It's right on the nerve.
• 1:45
  [SPEAKER_02]: You must be in so much pain.
• 1:46
  [SPEAKER_02]: I go, yeah, I just, I can't.
• 1:49
  [SPEAKER_02]: I'm so much pain.
• 1:50
  [SPEAKER_02]: I can barely think.
• 1:50
  [SPEAKER_02]: They're like, well, like, how are you working?
• 1:53
  [SPEAKER_02]: You need to get this out.
• 1:54
  [SPEAKER_02]: I go, listen, not only am I working.
• 1:55
  [SPEAKER_02]: I'm working.
• 1:56
  [SPEAKER_02]: with a passion and a passion of mine is to record this episode today.
• 1:59
  [SPEAKER_02]: You will not keep me down.
• 2:00
  [SPEAKER_02]: They were wondering they're like, how are you operating as a person?
• 2:03
  [SPEAKER_02]: I was like, listen, just just fueling on Hobium.
• 2:06
  [SPEAKER_02]: That's just Hobium.
• 2:06
  [SPEAKER_02]: You know, the gas masks.
• 2:07
  [SPEAKER_02]: That's me.
• 2:08
  [SPEAKER_02]: The Hobium's mask.
• 2:10
  [SPEAKER_02]: As we move on.
• 2:10
  [SPEAKER_04]: They just have no idea who they're dealing with, man.
• 2:13
  [SPEAKER_04]: I unfortunately went in for a cleaning and got some sort of a bill in a re-schedule to come back in a couple of days and they were like, you want to do this today?
• 2:22
  [SPEAKER_04]: It's like I got to run down to be on.
• 2:25
  [SPEAKER_04]: I got to come here from the people.
• 2:27
  [SPEAKER_02]: They sell eggs, the dentist, the dentist, the dentist man.
• 2:30
  [SPEAKER_02]: They said your nerves must be hurting so bad.
• 2:32
  [SPEAKER_02]: Like, how are you still doing this?
• 2:34
  [SPEAKER_02]: And I was like, listen, we got to get out of here.
• 2:36
  [SPEAKER_02]: We got the run down.
• 2:38
  [SPEAKER_02]: Listen, you're not going to keep us down.
• 2:39
  [SPEAKER_02]: Just like you can't keep oil high as oil starts to drop.
• 2:44
  [SPEAKER_02]: Is this the, I don't know.
• 2:45
  [SPEAKER_02]: I feel like we've seen this like piece agreement.
• 2:48
  [SPEAKER_02]: for Iran, it's on, it's off, it's on, it's off, first piece, there's happiness in the streets, then it's off, then it's on, then there's more bombs.
• 2:54
  [SPEAKER_02]: It's been very hard to track, but we track the truth, and the truth to us is the markets, and really oil is starting to fall for cliff after this weekend.
• 3:03
  [SPEAKER_02]: There seems to be an agreement in place across the board now to get the straight of Hormuz open, which will get oil flowing globally.
• 3:10
  [SPEAKER_02]: And oil prices seem to be coming down.
• 3:13
  [SPEAKER_02]: So the macro market loves that.
• 3:16
  [SPEAKER_04]: Yeah, for sure, man.
• 3:17
  [SPEAKER_04]: I mean, this is what three of my flows for the price of oil.
• 3:20
  [SPEAKER_04]: I think before we got into this entire conflict, what oil was like 65 to 70 bucks, I think we're right around 80 bucks a barrel, but pretending on where you're looking 75, 80 bucks a barrel.
• 3:31
  [SPEAKER_04]: But I think the, I think the big takeaway here is that the geopolitical risk seems to be softening quite a bit.
• 3:39
  [SPEAKER_04]: It's going to, that we don't have the exact framework of what this deal is going to look like is, it's not officially inked.
• 3:45
  [SPEAKER_04]: But the markets taken like it's, it's going to be a done deal here.
• 3:49
  [SPEAKER_04]: And it's one catalyst, we need to move to the back burner, we need to get over this, not just because of the prices of crypto, just for, you know, global peace or as much peace as we can have, and oil, oil certainly going back to where it was before this entire conflict happened, so people would be keeping a pretty close eye on this, but it looks, it looks like this is a bullish take for sure.
• 4:13
  [SPEAKER_02]: And just to give everybody a little bit of a teaser, we kind of did some stuff last time with Brendan on the charts to say, hey, here's what we're looking at right around that 200 week moving average for some historic historic low marking.
• 4:25
  [SPEAKER_02]: I'm in cycle cycle marking really and he's going to be back on Friday.
• 4:30
  [SPEAKER_02]: We're going to do a live Friday with Brendan.
• 4:32
  [SPEAKER_02]: So we're going to really emphasize the technicals on Friday.
• 4:35
  [SPEAKER_02]: I will post the time in the community.
• 4:37
  [SPEAKER_02]: You're not going to want to miss that alive with Brendan.
• 4:39
  [SPEAKER_02]: So we're not going to do the technicals today, but we are going to go through some other things that we are noticing what other people are saying will start with the fear greed.
• 4:46
  [SPEAKER_02]: We definitely dipped into extreme fear last week.
• 4:49
  [SPEAKER_02]: We hit the 14.
• 4:50
  [SPEAKER_02]: Again, it wasn't that long ago.
• 4:51
  [SPEAKER_02]: Again, last month very neutral right in the middle kind of even dipping and teetering on that 50 line not that long ago and then another flash crash down.
• 5:00
  [SPEAKER_02]: into the extreme fear.
• 5:02
  [SPEAKER_02]: As you can see here, we popped back up, came back down.
• 5:05
  [SPEAKER_02]: So an interesting thing to watch as we go and flip us to the Coin Market cap full market.
• 5:11
  [SPEAKER_02]: A lot of nice seven day, you know, the 20 indexes at six, Bitcoin six, Ethereum, almost nine.
• 5:19
  [SPEAKER_02]: XRP shout out to the army of seven, Solana of 13 hyper liquid, an absolute unbelievable run.
• 5:26
  [SPEAKER_02]: We're going to cover that later in the show.
• 5:28
  [SPEAKER_02]: uh... along with some space ex-news that relates to hyper liquid as well but showing and continuing to show how it's a um... powerhouse project right now and again just your top twenty just really strong really really strong last seven days which you love to see even been tensor getting off the map there so uh... a lot of bullish price action over over the last week uh... which again you know you have the macro uh... air getting let out a little bit which is allowing things to rise
• 5:55
  [SPEAKER_02]: And then you're going to have this debate where we are right now, especially where the price levels aren't big coin of, you know, starting to talk about, hey, the four-year cycle, the four-year cycle, because as we all recall, at the end of the year, we were saying the four-year cycle was dead.
• 6:08
  [SPEAKER_02]: Now, it seems to be more alive than ever, which is wild.
• 6:12
  [SPEAKER_02]: So any macro takes there on the price action, Brian, or what are you feeling as we head into this kind of week after the last flush out?
• 6:21
  [SPEAKER_04]: I mean, Tiva, was it just last week?
• 6:23
  [SPEAKER_04]: Was it last week when we dipped like 58.59,000 Bitcoin?
• 6:27
  [SPEAKER_04]: It was pretty short was last week.
• 6:29
  [SPEAKER_04]: So that was pretty gross.
• 6:30
  [SPEAKER_04]: And obviously, Ethereum was getting rent style.
• 6:34
  [SPEAKER_04]: We had salon a down pretty hard just to everything.
• 6:36
  [SPEAKER_04]: I mean, we had hyper liquid trading in the 50s at one point.
• 6:39
  [SPEAKER_04]: And they were still doing massive amount of volumes, but the entire market was just absolutely getting rent.
• 6:45
  [SPEAKER_04]: So it's good to see a nice bounce back, certainly with the geopolitical tension starting to subside, and then we're going to talk about later on the show, obviously space X in that entire IPO and liquidity, and everything going on with the SpaceX IPO was certainly a big catalyst, and that's that's somewhat in our rearview mirror, or at least currently going on right now.
• 7:07
  [SPEAKER_04]: but it does feel like if you were going to like liquidate a large part of your position to get into space actually, it'll probably already have done that.
• 7:15
  [SPEAKER_04]: So it's great to see that the market started to bounce back.
• 7:19
  [SPEAKER_04]: I would love to see Bitcoin a lot higher than it is today, but I think a lot of people have said this kind of summer time right now.
• 7:27
  [SPEAKER_04]: A lot of things going on geopolitical rise,
• 7:33
  [SPEAKER_04]: does feel like we're kind of settling and we're moving sideways for a little while, wouldn't be surprised to see us just heading out in a $60,000 range for some time.
• 7:43
  [SPEAKER_04]: But starting to build that bullish tension, we're starting to get some bullish news out there that's starting to reflect in some upward movements in the price.
• 7:52
  [SPEAKER_04]: Again, I like where we are, especially when I was staring at a $58,000 Bitcoin last week and felt like the sky was falling
• 8:03
  [SPEAKER_04]: It's crypto dead, the crypto dead.
• 8:06
  [SPEAKER_04]: We talked about it on a rundown.
• 8:08
  [SPEAKER_04]: That's usually a pretty strong sign that we're going to reverse and we're starting to see some reversal.
• 8:14
  [SPEAKER_04]: So all eyes on some of these majors here, but certainly some, we're going to talk about later on the rundown, but certainly certain protocols and platforms.
• 8:23
  [SPEAKER_04]: that are doing something in real life, bringing some real revenue to the table, have been performing even better than Bitcoin in some of these other ones.
• 8:33
  [SPEAKER_04]: But not surprised that we're hanging right around 65, 66 can.
• 8:38
  [SPEAKER_02]: Yeah, that's a great point.
• 8:39
  [SPEAKER_02]: It's something that again, the digestion of the market and things move quickly when they move and then things move slowly when they don't.
• 8:45
  [SPEAKER_02]: So,
• 8:46
  [SPEAKER_02]: you know there's a there's the shake out phase there's the bore out phase and we're definitely you know fighting the bears with everything we can here but uh these are levels where again it's not personal financial advice on on our show but these are levels where you know you really got to do your research and there's things that are interesting like
• 9:03
  [SPEAKER_02]: when hype corrected like you said last week.
• 9:05
  [SPEAKER_02]: I mean, you know, I guess while we're pulling up charts, we can do that.
• 9:07
  [SPEAKER_02]: We'll save the news for hyper liquid in the SpaceX stuff for later.
• 9:12
  [SPEAKER_02]: Where's hyper liquid these days?
• 9:14
  [SPEAKER_02]: I got 10 or 11 nine.
• 9:15
  [SPEAKER_02]: Yeah.
• 9:16
  [SPEAKER_02]: So again, you saw this dip.
• 9:18
  [SPEAKER_02]: You got it at, you know, 72.
• 9:20
  [SPEAKER_02]: And you could have bought it at 50.
• 9:21
  [SPEAKER_02]: Now you're all way back up to 70.
• 9:23
  [SPEAKER_02]: And that was in, you know, like a two week period.
• 9:26
  [SPEAKER_02]: So in the last week, up to 25%.
• 9:28
  [SPEAKER_02]: So
• 9:29
  [SPEAKER_02]: You know, the strong stay stronger and I think Bitcoin's interesting kind of gauge of liquidity macro then and definitely getting some pressure with the release of the news of the war and then again clarity acts going to be on the table soon, which we're going to get to but I think just kind of just checking the boxes if you will.
• 9:48
  [SPEAKER_02]: Tom Lee buying some more, uh, Bitcoin, or sorry, so buying some more Ethereum, sorry, Tom buying some more Ethereum, strategy buying more Bitcoin, truly leaning into, uh, the, hey, the selling of the, whatever, the 33 Bitcoin that Seller did, which surely just kind of a signal saying like, hey, you know, we're not afraid to sell it, we will sell it, um, and in kind of just a test, if you will,
• 10:14
  [SPEAKER_04]: Yeah, no, no, not about it.
• 10:16
  [SPEAKER_04]: And the one interesting part about this is is it looks like the company auto increased their USD reserve by about $100 million.
• 10:23
  [SPEAKER_04]: So it's above a billion dollars.
• 10:26
  [SPEAKER_04]: So they are starting to stockpile a little bit of cash here on the back end.
• 10:31
  [SPEAKER_04]: So I do like to see that.
• 10:32
  [SPEAKER_04]: And it seems like he's picked to selling micro strategy stock.
• 10:37
  [SPEAKER_04]: and not selling his Bitcoin at least right now.
• 10:40
  [SPEAKER_04]: And the stock, I thought the stock would have gone down with, you know, that news, but it was up yesterday a decent amount and just slightly read today.
• 10:51
  [SPEAKER_04]: The last time I looked, but I think it's really interesting that he's still buying Bitcoin.
• 10:55
  [SPEAKER_04]: But he started to stockpile some USD here.
• 10:57
  [SPEAKER_04]: He started to get some cash on the back end, understanding how people are watching that.
• 11:02
  [SPEAKER_04]: And I think that's probably a smart move.
• 11:04
  [SPEAKER_04]: We'd like to see him have at least enough money on hand to pay the dividends when they come do.
• 11:09
  [SPEAKER_02]: Yeah, it's a great point.
• 11:10
  [SPEAKER_02]: It's all the different products that they have where you definitely get in a tighter look, tighter eyeball look when Bitcoin starts crashing compared to when you're dancing around the 100k offering all these different fird stocks.
• 11:22
  [SPEAKER_02]: And then obviously, Tom Lee and Bitmind right behind them getting ready to offer, I believe it was like a 9% preferred.
• 11:29
  [SPEAKER_02]: I don't think that started trading yet, but when it does, we'll bring it to you and that'll obviously be something to watch.
• 11:34
  [SPEAKER_02]: A little bit more of a feeder pattern or an easier feed.
• 11:38
  [SPEAKER_02]: of obviously the staking for Ethereum into the dividends so the math will probably work a little bit easier for them, but nonetheless something to cover in the space.
• 11:47
  [SPEAKER_02]: Let's jump over to, you know, some talking heads are talking heads section.
• 11:52
  [SPEAKER_02]: Obviously Brian Armstrong, Coinbase CEO is going to talk positive about Bitcoin, but
• 11:58
  [SPEAKER_02]: And none of the less, you know, he's kind of coming out and given a take.
• 12:01
  [SPEAKER_02]: So I'll take for Brian some we want to listen to and then we got a couple other people, including Rick Reader of Black Rock and something from Standard Charter.
• 12:09
  [SPEAKER_02]: So let's throw our talking head segment.
• 12:11
  [SPEAKER_03]: think Bitcoin is the new digital gold, I think it's going to be a key part of our economy going forward into the future.
• 12:17
  [SPEAKER_03]: So I'm as bullish as ever, I think sometimes people look at these four-year cycles that Bitcoin goes through as well.
• 12:23
  [SPEAKER_03]: We can kind of see the percentage of people who are of made money versus not.
• 12:26
  [SPEAKER_03]: And you know, my instinct is we probably have bottom at this point, maybe at the 16K number, but nobody can say for sure, of course.
• 12:34
  [SPEAKER_03]: I'm optimistic as always.
• 12:35
  [SPEAKER_03]: I think by 2030 we're going to have a much higher higher price and I'm long Bitcoin just like always.
• 12:41
  [SPEAKER_02]: I think Bitcoin is the new and jump over her to Rick Reader.
• 12:46
  [SPEAKER_02]: So Rick Reader is a belief.
• 12:49
  [SPEAKER_02]: I know he's the girl he's called the bond king.
• 12:51
  [SPEAKER_02]: He's one of the CIOs of a black rock.
• 12:53
  [SPEAKER_02]: So interesting for him whenever he talks about Bitcoin you want to listen because it's really not something that he touches on a lot.
• 12:59
  [SPEAKER_02]: That's let's do a rickhead to say.
• 13:01
  [SPEAKER_02]: Oh my goodness.
• 13:02
  [SPEAKER_01]: What are your mutual funds?
• 13:03
  [SPEAKER_01]: I believe still owns a little bit of I bit in coin.
• 13:06
  [SPEAKER_01]: And you're one of the early people inside BlackRock to get into it.
• 13:10
  [SPEAKER_01]: It's now sold off 5% is it a buy now or are you gonna wait more?
• 13:16
  [SPEAKER_00]: Wow, these are sort of a question.
• 13:17
  [SPEAKER_00]: So, this and I think it's ultimately going considerably higher.
• 13:21
  [SPEAKER_00]: I think the tech decals there, some technical condition around it, it grosses it to chop around.
• 13:26
  [SPEAKER_00]: I think it's ultimately going higher.
• 13:27
  [SPEAKER_00]: We keep it in a pretty moderate exposure quite frankly, because I think there's some other things that we already we talked about in technology and some of the growth engines, by the way, there are places to get yield and things like, some parts of the credit markets EM, that I felt like it's just okay today and so we've reduced exposure.
• 13:43
  [SPEAKER_00]: Ultimately, I think it's going higher.
• 13:46
  [SPEAKER_02]: Ultimately, I think it's going high.
• 13:47
  [SPEAKER_02]: I would like to note one thing here, Brian.
• 13:50
  [SPEAKER_02]: This guy, Rick Reader, awesome, awesome guy to listen to.
• 13:54
  [SPEAKER_02]: Very well spoken has a lot of great ideas.
• 13:56
  [SPEAKER_02]: And really covers the whole field.
• 13:58
  [SPEAKER_02]: Like you kind of heard there, right?
• 13:59
  [SPEAKER_02]: He's not, you know, he's not anti obviously Bitcoin of any means, but he's being completely honest.
• 14:03
  [SPEAKER_02]: He's like, hey, there's other opportunities we're chasing right now.
• 14:06
  [SPEAKER_02]: But this thing's going considerably higher.
• 14:08
  [SPEAKER_02]: Obviously, you do have to take the fact that it is a black rock product with IBIT, so you have to take that into account.
• 14:13
  [SPEAKER_02]: But, you know, you really got to notice this guy on national TV with two buttons on done.
• 14:19
  [SPEAKER_02]: I mean, this guy's on an all-time and all-time wolf of the Wall Streets.
• 14:24
  [SPEAKER_02]: I mean, that's, you know, an afternoon segment, CNBC, maybe a little three martini lunch.
• 14:30
  [SPEAKER_02]: and he doesn't even need to put the tie back on.
• 14:32
  [SPEAKER_02]: He's keeping the two buttons down.
• 14:34
  [SPEAKER_02]: It's June.
• 14:35
  [SPEAKER_02]: He's given hot takes.
• 14:36
  [SPEAKER_02]: I thought that was worth noting.
• 14:37
  [SPEAKER_02]: Like that's the guy that I want to hang out with.
• 14:40
  [SPEAKER_02]: The Wall Street three martini lunch.
• 14:42
  [SPEAKER_02]: You know, I don't know exactly where they might do.
• 14:44
  [SPEAKER_02]: It may be capital guerrilla or something.
• 14:46
  [SPEAKER_04]: Yeah, it looks like good old R squared here's getting some sun as well.
• 14:50
  [SPEAKER_04]: You know, that's not Tom Lee sleeping in the little caught behind the grind and charts.
• 14:57
  [SPEAKER_04]: He might be the chief investment officer of Blackrock, but you're lying to yourself.
• 15:02
  [SPEAKER_02]: You don't think he's had a couple of letters of West Palm.
• 15:05
  [SPEAKER_02]: So far, this very insumer.
• 15:08
  [SPEAKER_04]: Yeah, I mean, I love his take.
• 15:10
  [SPEAKER_04]: I think it's a pretty fair take and I think Brian Armstrong and Rick kind of nailed it.
• 15:15
  [SPEAKER_04]: They both are saying long it's it's what we've been preaching not just this cycle past cycles literally since the day I really Was sold on Bitcoin and where we're going in crypto.
• 15:26
  [SPEAKER_04]: It's like hey, we're getting some corrections.
• 15:28
  [SPEAKER_04]: We're gonna see our fair share of corrections
• 15:31
  [SPEAKER_04]: and but the usually always was up until this point it's always responded very strongly and a very strong form and both of them were basically saying like hey in the long term and really what's your definition of long term then only talking in a few years from now it's going to be considerably higher than where it is today and that's what past market cycles have shown us that's what the growth of Bitcoin shown us so love their takes
• 15:58
  [SPEAKER_04]: I mean Rick's definitely, you know, I bet he was deep sea fish and or something on Saturday.
• 16:03
  [SPEAKER_04]: Looks like he's been out there.
• 16:04
  [SPEAKER_02]: Yeah, you're saying that we'll wrap it up with standard charter.
• 16:07
  [SPEAKER_02]: This isn't a video segment more of a call.
• 16:10
  [SPEAKER_02]: Basically keeping their 100 K target, so 100 K for Bitcoin, 4,000 for Ethereum, saying, you know, not putting a guarantee on it, obviously, but likely marking the cycle bottom at 59,000.
• 16:24
  [SPEAKER_02]: I think we would all love to see that.
• 16:26
  [SPEAKER_02]: I'm looking back in the charts as we continue on for the rest of the year, but they're citing Bitcoin ETF for Demtions, liquidity pressure with the space X IPO, easing macros, stress, basically again, everything you've heard on this show.
• 16:41
  [SPEAKER_02]: So if you're listening to crypto 101, you are in the right spot for getting all the information, the best.
• 16:45
  [SPEAKER_02]: and the fastest, but yeah, so standard charter coming out, it's good.
• 16:50
  [SPEAKER_02]: It's one of those things again, when analysts, this happens with stocks all the time, when analysts fall behind in a stocks ripping, like we've seen with all these AI and, you know, sandists, for example, that goes up, you know, thousands of percent analysts are tripping over themselves to give a higher price target one after the other after the other, and the same thing on the way down.
• 17:10
  [SPEAKER_02]: Stocks are stocks keep going down, you know,
• 17:16
  [SPEAKER_02]: private equity like the blue out and blackstone private credit you know everybody was all worried about that they started you know name and bang and taking all these stocks down so it's good when you know in theory you got to be honest when Bitcoin's price action has been so negative recently and there's a lot of people
• 17:33
  [SPEAKER_02]: Colin for lower that you start to see some people poke their heads out and say yeah, and you know, I think this could be this could be a A cycle bottom here.
• 17:41
  [SPEAKER_02]: There's a lot of evidence that could support that and we're seeing you know It's all Monday morning quarterback.
• 17:46
  [SPEAKER_02]: We're seeing what caused this.
• 17:47
  [SPEAKER_02]: I think those are all positive things compared to what happened You know last time we were making content in the podcast the last cycle bottom with FTX.
• 17:56
  [SPEAKER_02]: It was a lot more
• 17:58
  [SPEAKER_02]: not more gray right it was a lot more gray because you just didn't you didn't really know you didn't really know what was going on there with what the fraud so it was I think it's a lot more interesting to kind of be in this environment and try to parse through with the data and the technicalities of trying to trade and invest here.
• 18:16
  [SPEAKER_04]: Yeah, I mean, you nailed it, and I think this isn't just some hope, him, whatever you were huffing on at the dentist to come out and say, this is this is actual, this is actual, you know, not evidence.
• 18:29
  [SPEAKER_04]: This is an actual path of why he thinks we will probably of how already touched the bottom and crypto winners over.
• 18:36
  [SPEAKER_04]: And those are really
• 18:37
  [SPEAKER_04]: big points like you said something we've been talking about on the show, the Bitcoin ETF Redemption's liquidity pressure tied to the SpaceX IPO.
• 18:46
  [SPEAKER_04]: I know we talked about it and I assumed it was going to happen.
• 18:50
  [SPEAKER_04]: But boy, and we're going to get further into it.
• 18:53
  [SPEAKER_04]: That's a real case there.
• 18:55
  [SPEAKER_04]: And obviously the macro stress and the geopolitical stress and it was all kind of a perfect storm.
• 19:01
  [SPEAKER_04]: It does feel like some analysts are starting to go on to the other side of the boat, and it's it's making me feel a little bit more bullish about where we're headed right now.
• 19:10
  [SPEAKER_02]: Yeah, I agree.
• 19:11
  [SPEAKER_02]: I agree.
• 19:11
  [SPEAKER_02]: It's always good to see when people.
• 19:14
  [SPEAKER_02]: Kind of stick their head out and start to make calls.
• 19:16
  [SPEAKER_02]: You don't want to, you know, people are going to stick their head out if they truly don't believe in it, especially in this, you know, kind of eye popping industry, if you will polarizing anything is a better word.
• 19:26
  [SPEAKER_02]: when standard charter doing more they're not done uh... uniswap Ryan standard charter initiates coverage of you to swap um... i thought this was kind of caught me by surprise out of nowhere calling uh... for a hundred dollar unit you to swap it's trading at two fifty today roughly
• 19:44
  [SPEAKER_02]: Possibly by 2030 looking at a 40x increase.
• 19:48
  [SPEAKER_02]: The thesis is tokenized assets active and defy growth through 37x in this decade and you to swap becomes a core piece of trading infrastructure for traditional finance as trillions of dollars move on chain.
• 20:01
  [SPEAKER_02]: Did you read the report here as we pull it up?
• 20:05
  [SPEAKER_04]: I didn't read the full report, but I understand what they're saying here in regards to why you need swap.
• 20:11
  [SPEAKER_04]: I mean, when you're talking to a 40 X, you need swap will become a core piece of this infrastructure and trillions of dollars or traditional finance are going to move on chain.
• 20:20
  [SPEAKER_04]: and they're citing that uniswap is an established player here and a lot of people are going to use it and it's going to grow and it makes a lot of sense if that's the way it's going to break and not only did uniswap benefit from the news, I'm not exactly sure what we are up.
• 20:35
  [SPEAKER_04]: on uniswap but aerodrome, which is bases, you know, decks which is very popular is up like 35, 40% on the week as well.
• 20:44
  [SPEAKER_04]: So it's token that I've always liked and I certainly noticed that because I have some arrow holding.
• 20:49
  [SPEAKER_04]: So I understand where they're going with this.
• 20:52
  [SPEAKER_04]: Whoa, it's at 318 now.
• 20:54
  [SPEAKER_04]: It was at 215 when I was mentioned.
• 20:56
  [SPEAKER_04]: So we'll have to see how that's all going to happen, but certainly tokenize assets and defy are going to grow.
• 21:03
  [SPEAKER_04]: And some of the biggest beneficiaries out there are certainly going to be Uniswap are certainly going to be the error drones.
• 21:11
  [SPEAKER_02]: Yeah, I think again, I think it's important for the listeners.
• 21:15
  [SPEAKER_02]: You got to do your research here.
• 21:16
  [SPEAKER_02]: I would necessarily call this a screaming buy per se based off of one standard charter report.
• 21:22
  [SPEAKER_02]: You got to go do your own research.
• 21:23
  [SPEAKER_02]: I have not personally been keeping up
• 21:25
  [SPEAKER_02]: with the ins and outs of the Uniswap project.
• 21:28
  [SPEAKER_02]: But again, when you zoom out on this chart, I mean, brutal year down 60%.
• 21:33
  [SPEAKER_02]: Obviously, the all-time chart, never has made it back to that 2021 all-time eye, really a trouble breaking out a lot.
• 21:41
  [SPEAKER_02]: Obviously, Hunter and Brenner can give you a better breakdown.
• 21:43
  [SPEAKER_02]: Technically, then I can.
• 21:45
  [SPEAKER_02]: So, you know, you maybe want to put on your watch list, maybe you want to take the risk, we got to your own research, and just because something pops up in a report,
• 21:52
  [SPEAKER_02]: doesn't mean that you know it's it's all systems go so I definitely just want to highlight that for the for the viewers and the listeners but it if I was interesting to get a shout out like that I think it began if we were back in 2021 right this thing this thing would have went up you know at least a hundred percent on our report like that right.
• 22:12
  [SPEAKER_04]: Yeah, certainly.
• 22:13
  [SPEAKER_04]: I mean, now that would be in the bull times, that thing, even in a bull market now when everything is just going up for no reason getting a report like that would have fired uniswap up several hundreds of percent, but I understand where the mapping get out.
• 22:28
  [SPEAKER_04]: I need to get down and look at the details of that report.
• 22:30
  [SPEAKER_04]: So I fully understand it, but just off the cuff.
• 22:33
  [SPEAKER_04]: I get what they're saying and I understand how they're mapping out that path.
• 22:38
  [SPEAKER_04]: But there's a long way to go.
• 22:39
  [SPEAKER_04]: There's a lot of competition out there.
• 22:41
  [SPEAKER_04]: We'll see how it all shakes out.
• 22:43
  [SPEAKER_04]: But it's great to see that analysts are really starting to call out some of these top-of-fitting platforms or protocols out there that are not just flashing the pan.
• 22:54
  [SPEAKER_04]: They're really protocols that will help move us forward in the crypto space.
• 22:59
  [SPEAKER_02]: Yeah, and with everything coming on chain and tokenization, some Coinbase news announcing tokenize US stock each back to one by one by real shares automatic dividends and on chain redemption.
• 23:13
  [SPEAKER_02]: So again, Coinbase.
• 23:15
  [SPEAKER_02]: uh... tries to basically become more like uh... robin hood if you will or traditional brokerage that also offers crypto they're kind of going for the stock portion of it were robin hood kind of started really growing its crypto business uh... this this is the future it's very interesting uh... i wonder i didn't we will have to i just saw this literally today you can see the timestamp there
• 23:35
  [SPEAKER_02]: which should do some research on this.
• 23:37
  [SPEAKER_02]: This is this open up, you know, stocks, the rest of the world.
• 23:41
  [SPEAKER_02]: I think that's kind of the idea is like, hey, tokenization can offer all different types of real world assets.
• 23:46
  [SPEAKER_02]: All of the world thus giving you a bigger pool of buyers, more liquidity and, you know, rising market caps and theory over the coming years.
• 23:56
  [SPEAKER_04]: Yeah, I mean, this is a major step towards bringing traditional traditional stock to directly onto blockchains with full ownership and cash flow rights.
• 24:05
  [SPEAKER_04]: It's backed by a one to one by real shares.
• 24:08
  [SPEAKER_04]: I don't think it's a matter of if this is going to take over traditional finance.
• 24:12
  [SPEAKER_04]: I think it's a matter of when it's going to happen.
• 24:14
  [SPEAKER_04]: Coinbase is getting involved, which they, they should absolutely be involved here.
• 24:20
  [SPEAKER_04]: And we're seeing traditional finance change in front of our eyes right now in Coinbase's front
• 24:29
  [SPEAKER_02]: I don't believe in the charge.
• 24:31
  [SPEAKER_02]: I get into fights along the way.
• 24:33
  [SPEAKER_02]: I'll have a chat with Jamie Crypto Diamond friend of the show, of course.
• 24:38
  [SPEAKER_02]: I've taken a little bit of a break.
• 24:39
  [SPEAKER_02]: I got to emotionally invest.
• 24:41
  [SPEAKER_02]: I still have my contacts.
• 24:42
  [SPEAKER_02]: I thought we've called this all the right way, especially in the betting markets with the passing of the Clarity Act.
• 24:47
  [SPEAKER_02]: But it took a big drawdown.
• 24:49
  [SPEAKER_02]: At one point, it was like 50, 50, maybe even a little below.
• 24:52
  [SPEAKER_02]: of the Clarity Act passing, I took a little bit of a break from it just every single tweet about it, but let's circle back on it as people are starting to call for July 4th, our past by July 4th for the Clarity Act.
• 25:06
  [SPEAKER_02]: It's definitely a summer thing, if this doesn't get done before the summer, I think most people agree it won't get done because you go right into midterms.
• 25:14
  [SPEAKER_02]: So any new news from your hearing outside of for the Clarity Act, outside of decimede,
• 25:21
  [SPEAKER_04]: No, I think the timeline is tight.
• 25:24
  [SPEAKER_04]: We've been talking about that for months now, Tvo.
• 25:27
  [SPEAKER_04]: I know in February, I was preaching about how the timelines gave me so tight going up into midterms and the dragged in their feet.
• 25:36
  [SPEAKER_04]: It truly feels like it is about a coin flip to get done or not get done.
• 25:41
  [SPEAKER_04]: I think it's gonna get done in 2026.
• 25:42
  [SPEAKER_04]: And I think it has to get done before midterms, but man, they just wanna make us sweat a little bit.
• 25:50
  [SPEAKER_04]: July 4th is not far away and it feels like it needs to happen.
• 25:56
  [SPEAKER_02]: What's it at?
• 25:57
  [SPEAKER_04]: Yeah, it's looks like the prediction market is saying it's about a cooling flip.
• 26:01
  [SPEAKER_04]: And maybe it's the bullish Brian coming out, but I do feel like it's a little bit better than a cooling flip that this is going to happen just because there's been so much recent progress there.
• 26:12
  [SPEAKER_04]: There's been a lot of support.
• 26:13
  [SPEAKER_04]: We still have the Senate.
• 26:14
  [SPEAKER_04]: We still have
• 26:17
  [SPEAKER_04]: But right now we're sitting at a 50% chance of this actually happening and time is certainly tight because what are we three weeks away, not even.
• 26:26
  [SPEAKER_02]: Yeah, not for yeah, fourth of July, three weeks from this weekend.
• 26:32
  [SPEAKER_04]: Yeah, so what we'll see that we're going to certainly get some real clear indication around the fourth of July.
• 26:39
  [SPEAKER_04]: If this is going to happen, and if it doesn't look like it's going to happen, hopefully they give us an idea of what the timelines are going to look like, because this needs to happen very soon.
• 26:48
  [SPEAKER_02]: All right, three weeks from two weeks from this weekend, for the July week, it will be three weeks from two weeks.
• 26:54
  [SPEAKER_02]: So we're two weeks, two weeks out for for the July, yeah, this counter vote there.
• 26:59
  [SPEAKER_02]: But yeah, again, it's a coin sauce.
• 27:01
  [SPEAKER_02]: I really thought we had the momentum.
• 27:03
  [SPEAKER_02]: Obviously, the betting markets.
• 27:06
  [SPEAKER_02]: You know, captured that and, you know, that vote, I'll be the first one to say, you know, you've got to call your wins and call your losses that vote of passing to the Senate.
• 27:14
  [SPEAKER_02]: I thought would have carried more momentum.
• 27:17
  [SPEAKER_02]: For both the markets for both the markets and and the clarity act obviously, but it seems to not have carried over which.
• 27:24
  [SPEAKER_02]: is interesting.
• 27:25
  [SPEAKER_02]: Again, I'm not in these meetings, so we don't really have any insider info into what's going on behind.
• 27:31
  [SPEAKER_02]: Close doors in the chamber, but the 50-50 coin toss will take it.
• 27:36
  [SPEAKER_02]: Now, as the bulls will say, they're selling a dollar for 51 cents over a polymarket.
• 27:42
  [SPEAKER_04]: I mean, are we just getting exhausted?
• 27:44
  [SPEAKER_04]: This is such a big piece of news in our daily day.
• 27:48
  [SPEAKER_04]: And I'm personally kind of exhausted from the clarity.
• 27:52
  [SPEAKER_04]: I didn't mean so much to me.
• 27:54
  [SPEAKER_04]: I am like the biggest fan I want to happen.
• 27:56
  [SPEAKER_04]: I'm so tired.
• 27:57
  [SPEAKER_04]: It's like how I got tired with my ran.
• 28:00
  [SPEAKER_02]: It's such a fair point.
• 28:01
  [SPEAKER_02]: I think you could make the case.
• 28:03
  [SPEAKER_02]: We got to keep this script of specific.
• 28:05
  [SPEAKER_02]: You make the case the entire world is exhausted
• 28:11
  [SPEAKER_02]: just, you know, everything from Tara, they're guess, you know, if you go calendar year, it's almost like tariffs and then war and then inflation and then, you know, stocks up, stocks down and then you go crypto specific.
• 28:24
  [SPEAKER_02]: I mean, you think you make a great case.
• 28:26
  [SPEAKER_02]: If people are just tired, but that's part, that's part of the strategy.
• 28:29
  [SPEAKER_02]: They got to wear you out.
• 28:31
  [SPEAKER_02]: They got to wear you out.
• 28:33
  [SPEAKER_02]: at the dentist trying to keep us in the channel.
• 28:35
  [SPEAKER_02]: We're like, oh no, that was what we said when the ETS went live or like this, this isn't up only.
• 28:41
  [SPEAKER_02]: Like there's no shot that it's going to go straight up the guy.
• 28:44
  [SPEAKER_02]: And then right when the ETS went live, they tried to shake everybody out and there's always going to be dips.
• 28:49
  [SPEAKER_02]: So it's a good time to revisit your research and reaffirm.
• 28:54
  [SPEAKER_02]: If you're bullish or if you're not.
• 28:56
  [SPEAKER_02]: But this is part of what you signed up for investing and there's definitely a psychological
• 29:02
  [SPEAKER_02]: game to it and they're doing a great job for sure.
• 29:05
  [SPEAKER_02]: They're wearing and tearing a lot of people down because, you know, again, when you thought that the vote was going to the floor, you're like, Oh, this is good news and if anything, it kind of reverses, then it's like, Oh, well, no, it's not.
• 29:18
  [SPEAKER_02]: The price action hasn't followed and there's a war.
• 29:20
  [SPEAKER_02]: So,
• 29:21
  [SPEAKER_02]: Yeah it's been it's been a lot I think a lot of people are a little tired and they they want to see their bags elevate a little bit so hopefully this is something That will keep covering and then again we'll make a show every week and keep you updated we'll see what July 4th holds but Right, it's always on baby lights are always on especially back home Let's go to SpaceX you I'm going to hand this off to you to see up because I know this is your this is your baby what a coin
• 29:52
  [SPEAKER_04]: Hey, say, do you know Elon Musk is worth it?
• 29:55
  [SPEAKER_04]: I know he became the first trillionaire.
• 29:56
  [SPEAKER_04]: I looked it up this morning.
• 29:58
  [SPEAKER_04]: He's worth $1.4 trillion with a T dollars.
• 30:03
  [SPEAKER_04]: Amazing, like, to just think, like, I think he owned like 40% of SpaceX, but obviously SpaceX IPO debuted on NASDAQ with a valuation over of like $1.7 trillion, they even bought cursor.
• 30:16
  [SPEAKER_04]: I think that happened today.
• 30:17
  [SPEAKER_04]: They bought cursor for like $60 billion.
• 30:21
  [SPEAKER_04]: and talk about a guy that's probably having some sleepless nights in jail is saying bacon for each because if he feels like he was just a couple months away from all his investments to actually he would probably still did really horrible stuff with people's money so I can't say that he would have been able to
• 30:38
  [SPEAKER_04]: patch up what he caused, but man, a lot of his investments have been turned up rather well, but this SpaceX IPO has absolutely fueled a frenzy that I think a lot of people were somewhat expecting to initially, it's a really low flow.
• 30:56
  [SPEAKER_04]: If we're using crypto terms, only about 5% or so give or take.
• 31:01
  [SPEAKER_04]: As available to people who got in on the inside earlier, we're really going to be looking at about three months from now when when unlocks really start happening will probably see some sort of correction of the SpaceX IPO at that point or at least you would imagine.
• 31:16
  [SPEAKER_04]: But this certainly has been just going up in a straight line.
• 31:20
  [SPEAKER_04]: It's brought a ton of action over to HyperLickWid.
• 31:24
  [SPEAKER_04]: As you can see, it's HyperLickWid's a 24-7 market for perps.
• 31:30
  [SPEAKER_04]: And they were one of the only ones or the very first one where you could get exposure to the SpaceX IPO.
• 31:36
  [SPEAKER_04]: early on with longing and shorting it from perps, it drove billions of dollars to the platform.
• 31:42
  [SPEAKER_04]: They're burning $10 million a day or so in fees.
• 31:46
  [SPEAKER_04]: The price is rebounded well.
• 31:48
  [SPEAKER_04]: So this is the kind of a double whammy here.
• 31:51
  [SPEAKER_04]: SpaceX, we got some liquidity.
• 31:54
  [SPEAKER_04]: I got sucked out of the crypto market and just all markets because people wanted to buy into the SpaceX IPO.
• 32:00
  [SPEAKER_04]: And it's obviously done very, very well for people because the IPO,
• 32:06
  [SPEAKER_04]: So now we're seeing some movement, but as you can see that this is hyper liquid right here, you can get exposure.
• 32:14
  [SPEAKER_04]: We're seeing a lot along in shorts.
• 32:16
  [SPEAKER_04]: But what is it about 1.7 billion dollars on 24-hour volume?
• 32:22
  [SPEAKER_04]: And of course hyper liquids price is going up because there's more action happening on their platform.
• 32:28
  [SPEAKER_04]: When the market closes,
• 32:31
  [SPEAKER_04]: and people aren't stopping trading SpaceX.
• 32:33
  [SPEAKER_04]: They're just sort of pivoting over to Hyperliquid.
• 32:36
  [SPEAKER_04]: So as a Hyperliquid bull, where I could spend an entire rundown talking about why I'm bullish on Hyperliquid, this makes a lot of sense.
• 32:44
  [SPEAKER_04]: Obviously this IPO frenzy has caused more eyeballs on the Hyperliquid, but even just getting involved in this SpaceX IPO has been an absolute cook.
• 32:54
  [SPEAKER_04]: So congrats to anybody that got in on it, but I think we'll probably start to see some profit
• 33:00
  [SPEAKER_04]: sooner than.
• 33:01
  [SPEAKER_02]: Yeah, it was interesting to see how that would start trading.
• 33:05
  [SPEAKER_02]: I think, you know, the people that jumped in got it right.
• 33:08
  [SPEAKER_02]: I was kind of more a little bit more cautious.
• 33:11
  [SPEAKER_02]: I wasn't going to buy it the bell.
• 33:13
  [SPEAKER_02]: I said, I was like, if I get a sign some shares, I'll take them.
• 33:16
  [SPEAKER_02]: You know, I got a sign.
• 33:17
  [SPEAKER_02]: I think it was like 25.
• 33:18
  [SPEAKER_02]: So not not not too much.
• 33:20
  [SPEAKER_02]: And I'll probably, I don't know.
• 33:21
  [SPEAKER_02]: It's one of those things probably never sell.
• 33:23
  [SPEAKER_02]: I just see see what happens to be cool story to say in 25 years.
• 33:27
  [SPEAKER_02]: But yeah, I got 25 shares of SpaceX at IPO and then never sold to an happens, but yeah, just sitting here on bags.
• 33:37
  [SPEAKER_04]: You sitting here, buddy, you just heard that.
• 33:41
  [SPEAKER_02]: No, we had a friend who was trading it and did really well friend of the show, Joe, I heard he did a good job.
• 33:47
  [SPEAKER_02]: So, I was more afraid of
• 33:50
  [SPEAKER_02]: the I didn't you know I know the lockups kind of got the clouds the dust kind of settled and it's like okay there's five percent it's a short float so you know there's definitely a lot of people that are taking advantage of that um and uh yeah i can i could definitely see some volatility coming in the future because at the end of the day this is going to be uh at least my broader take on space axis like hey it's going to be a trading instrument for a while which kind of like bitcoin in a way it's like
• 34:15
  [SPEAKER_02]: Hey, when things are going good, people are going to go in when people need to raise cash.
• 34:19
  [SPEAKER_02]: They're going to be selling the 100x valued company first, despite if they need to raise some cash.
• 34:24
  [SPEAKER_02]: So it's going to be a fun stock, a momentum stock, if you will, Brian, from momentum money makers.
• 34:32
  [SPEAKER_02]: So, you know, maybe you guys got an initiate coverage on SpaceX, but always a great call on hyperlick with which you guys have always been early on.
• 34:39
  [SPEAKER_02]: Let's wrap up the show here with some more.
• 34:43
  [SPEAKER_02]: You know, I don't know if you call trading SpaceX on hyper liquid after hours investing or gambling.
• 34:47
  [SPEAKER_02]: You take your choice, but something that is pure gambling is the world cup.
• 34:51
  [SPEAKER_02]: Calcy logged a record 5.1 billion in trading volume on the opening week.
• 34:57
  [SPEAKER_02]: Wow.
• 34:58
  [SPEAKER_02]: Final messy promoting the platform.
• 35:00
  [SPEAKER_02]: That's going to get a lot of signups that guy has.
• 35:02
  [SPEAKER_02]: Some of the biggest following in the world and I think it just shows you my point about bringing this up is number one It's just a fun fact for prediction markets, but number two.
• 35:09
  [SPEAKER_02]: It just shows you like hey people want to play They want to play where the action is and there's lots of money all over the world and it moves from where the excitement is and the excitement of the world cup is Drawing in record trading volumes and I think this is good for crypto overall because when the excitement comes back to crypto the money will fall
• 35:29
  [SPEAKER_04]: You Paul gambling.
• 35:30
  [SPEAKER_04]: I call predicting the future, my friend.
• 35:32
  [SPEAKER_04]: No, it's not finding actual advice.
• 35:35
  [SPEAKER_04]: But the prediction markets have been on fire.
• 35:38
  [SPEAKER_04]: The world cup.
• 35:39
  [SPEAKER_04]: I know soccer is huge.
• 35:41
  [SPEAKER_04]: And like my little peanut American brain did not realize how big soccer was until did you see that stat?
• 35:50
  [SPEAKER_04]: So Spain played
• 35:53
  [SPEAKER_04]: Um, gosh, it was yesterday's thing, a very small country, and they were huge underdogs, but the goalie for that other country had an absolute killer game, dude, and somebody was covering that.
• 36:07
  [SPEAKER_04]: I hope I get these facts, right?
• 36:08
  [SPEAKER_04]: But he had like 40,000 Instagram followers.
• 36:12
  [SPEAKER_04]: as of today he had 7.8 million.
• 36:15
  [SPEAKER_04]: That's how many, let me Tom Brady is like 12 or 15 million people and he's been playing football for 25 years.
• 36:22
  [SPEAKER_04]: It was the greatest of all time and this goal you played against Spain.
• 36:27
  [SPEAKER_04]: I wasn't following you very closely.
• 36:30
  [SPEAKER_04]: Had tens of thousands of followers on Instagram and then went to absolute millions.
• 36:34
  [SPEAKER_03]: Yeah, this guy.
• 36:35
  [SPEAKER_04]: And apps was at 9.5 million.
• 36:38
  [SPEAKER_04]: He's just collecting followers off a one game dude.
• 36:42
  [SPEAKER_04]: What am I yet to help a game?
• 36:44
  [SPEAKER_04]: He was all over the place and I'm pretty sure it was a tie.
• 36:48
  [SPEAKER_04]: I don't even think they won.
• 36:50
  [SPEAKER_04]: But he went from 40,000 followers to 9.8 million.
• 36:54
  [SPEAKER_04]: Just I just never realized.
• 36:56
  [SPEAKER_04]: I knew it was big, I just didn't realize it was that big.
• 37:00
  [SPEAKER_04]: So amazing stories out there for the world.
• 37:04
  [SPEAKER_03]: Thank you.
• 37:07
  [SPEAKER_04]: I mean, $10 million followers, closing in, what's it gonna be like in a few days?
• 37:13
  [SPEAKER_04]: As well, it's not, I mean, I looked at it just a couple hours ago, it was at $7.8 million.
• 37:18
  [SPEAKER_04]: So he picked up a cool $2 million people, but it just did a couple hours when I was looking at it.
• 37:24
  [SPEAKER_04]: So I love it.
• 37:25
  [SPEAKER_04]: He had some killer saves to, I was watching the highlights, man.
• 37:28
  [SPEAKER_04]: I was about to buy myself a pair of soccer gloves and stuff.
• 37:32
  [SPEAKER_02]: All the fair day.
• 37:37
  [SPEAKER_04]: Cabo Verde, I'll be honest, I'm living exactly sure what that is, man.
• 37:41
  [SPEAKER_04]: I'm not sure if I should either.
• 37:44
  [SPEAKER_02]: Cabo Verde is a nation located in the Central Atlantic Ocean off the coast of Africa.
• 37:52
  [SPEAKER_04]: But yeah, look at this.
• 37:53
  [SPEAKER_04]: It's just like the dots off of like, uh, off of Africa.
• 37:57
  [SPEAKER_04]: So they played Spain.
• 37:59
  [SPEAKER_04]: This was apparently like, uh, the LSU, what was it 2019 or whatever, Joe Burro, like that was like the team, the greatest team ever going up against like Appalachian State, like this is this was like something that was like we weren't expecting to have a close game here and this guy stood on his head.
• 38:19
  [SPEAKER_04]: one game picks up almost 10 million followers and uh, you know.
• 38:24
  [SPEAKER_04]: It's a it's a good story.
• 38:26
  [SPEAKER_04]: That's why I love sports, man.
• 38:28
  [SPEAKER_04]: It's it's just can be so entertaining.
• 38:30
  [SPEAKER_04]: It brings nation to bring the world together.
• 38:33
  [SPEAKER_04]: You'll learn a little bit more.
• 38:35
  [SPEAKER_04]: And the world cup hasn't hasn't been a shortage of fun.
• 38:38
  [SPEAKER_04]: It's it's been a lot of fun so far.
• 38:40
  [SPEAKER_04]: I think we got the United States in a couple days too.
• 38:42
  [SPEAKER_02]: Hey, we got to get we got to get the world cup.
• 38:45
  [SPEAKER_02]: We're going to win.
• 38:46
  [SPEAKER_02]: That's what I always say US.
• 38:47
  [SPEAKER_02]: We're going to win.
• 38:48
  [SPEAKER_02]: We're number one.
• 38:50
  [SPEAKER_02]: I'm new show goal.
• 38:53
  [SPEAKER_02]: We want somebody on the live someday to be from Cabo Verde.
• 38:56
  [SPEAKER_02]: That's the new goal.
• 38:57
  [SPEAKER_04]: Oh man, we are a worldwide brand and now they're probably as somebody there.
• 39:01
  [SPEAKER_04]: You know, but if you sort of claim in your from Cabo Verde,
• 39:05
  [SPEAKER_04]: We need a picture of you in front of a sign.
• 39:08
  [SPEAKER_04]: You know, no verbal, holy whales, give it a go, yeah, I'm the mayor of Cabo Verde, or something like that.
• 39:16
  [SPEAKER_02]: We need to, we need to see it.
• 39:18
  [SPEAKER_02]: Yeah, well, that's good wrap is up for everybody.
• 39:20
  [SPEAKER_02]: Thanks for tuning in.
• 39:21
  [SPEAKER_02]: We will be back Friday with Brendan.
• 39:22
  [SPEAKER_02]: We're going to deep dive into the charts to see if the bottom is forming.
• 39:26
  [SPEAKER_02]: But that's all today.
• 39:27
  [SPEAKER_02]: Thanks for watching.
• 39:28
  [SPEAKER_02]: We'll talk you soon.
• 39:29
  [SPEAKER_02]: Bye, everybody.